RUSTY PAZ ALTERNATIVE
RUSTY PAZ ALTERNATIVE

Founder of "Bogdan" Corporation  Oleg Svynarchuk since childhood dreamed of creating something better than a rusty PAZ where in he went to school every day. Today his factories produce not only buses but also cars Lada, Hyundai, Tucson, Elantra and JAC.

The first corporate showroom was opened in 1994 in Bortnychi. Svynarchuk Corporation signed contracts with nearly all Russian car factories. At that time deliveries were associated with a fairly significant risks. Travelling to AvtoVAZ in Togliatti sometimes ended with wasted time and nerves.

In spring, 2013, the corporation began to revive. Making cars in Ukraine became cheaper. It was possible to export 38 buses to Poland. After stopping Cherkasky plant for several months has been established production of JAC cars. It was planned that in March, 2014 the production of these cars will reach 20,000 units. However, the adoption of a number of legislative novels  in April, 2014has changed dramatically the situation in automobile market, leaving domestic automakers covered by a new wave of crisis. Contracts with Korean and Chinese factories can fail.

Source: Forbes
REVIEW №89 (26.02.2026) Electric charge
REVIEW №89 (26.02.2026)

Electric charge

See more
NEWS & INFOGRAPHICS
Legislative news (March 28 - April 3)
Legislative тews (March 21 - 27)
Legislative тews (March 14 - 20)